Titan Cement International Balance Sheet Health
Financial Health criteria checks 6/6
Titan Cement International has a total shareholder equity of €1.6B and total debt of €862.2M, which brings its debt-to-equity ratio to 54.5%. Its total assets and total liabilities are €3.2B and €1.6B respectively. Titan Cement International's EBIT is €391.1M making its interest coverage ratio 9.4. It has cash and short-term investments of €274.5M.
Key information
54.5%
Debt to equity ratio
€862.21m
Debt
| Interest coverage ratio | 9.4x |
| Cash | €274.53m |
| Equity | €1.58b |
| Total liabilities | €1.63b |
| Total assets | €3.21b |
Recent financial health updates
Titan Cement International (ATH:TITC) Has A Pretty Healthy Balance Sheet
Mar 26
Does Titan Cement International (ATH:TITC) Have A Healthy Balance Sheet?
Sep 08Is Titan Cement International (ATH:TITC) Using Too Much Debt?
May 12Here's Why Titan Cement International (ATH:TITC) Has A Meaningful Debt Burden
Jan 11Is Titan Cement International (ATH:TITC) Using Too Much Debt?
Jun 15We Think Titan Cement International (ATH:TITC) Is Taking Some Risk With Its Debt
Nov 24Recent updates
Titan Cement International S.A.'s (ATH:TITC) Intrinsic Value Is Potentially 44% Above Its Share Price
Apr 24Titan Cement International (ATH:TITC) Has A Pretty Healthy Balance Sheet
Mar 26There's Been No Shortage Of Growth Recently For Titan Cement International's (ATH:TITC) Returns On Capital
Feb 21Why Titan Cement International S.A. (ATH:TITC) Could Be Worth Watching
Feb 07The Market Doesn't Like What It Sees From Titan Cement International S.A.'s (ATH:TITC) Earnings Yet
Jan 25Titan Cement International (ATH:TITC) Might Have The Makings Of A Multi-Bagger
Nov 14With EPS Growth And More, Titan Cement International (ATH:TITC) Makes An Interesting Case
Nov 02Is It Time To Consider Buying Titan Cement International S.A. (ATH:TITC)?
Oct 07Does Titan Cement International (ATH:TITC) Have A Healthy Balance Sheet?
Sep 08Estimating The Intrinsic Value Of Titan Cement International S.A. (ATH:TITC)
Aug 24Do Titan Cement International's (ATH:TITC) Earnings Warrant Your Attention?
Jul 04Is Titan Cement International (ATH:TITC) Using Too Much Debt?
May 12Analyst Forecasts For Titan Cement International S.A. (ATH:TITC) Are Surging Higher
Mar 27Here's Why Titan Cement International (ATH:TITC) Has A Meaningful Debt Burden
Jan 11Be Wary Of Titan Cement International (ATH:TITC) And Its Returns On Capital
Sep 02Industry Analysts Just Upgraded Their Titan Cement International S.A. (ATH:TITC) Revenue Forecasts By 12%
Aug 03Is Titan Cement International (ATH:TITC) Using Too Much Debt?
Jun 15Investors Met With Slowing Returns on Capital At Titan Cement International (ATH:TITC)
Apr 12Analysts Have Made A Financial Statement On Titan Cement International S.A.'s (ATH:TITC) Annual Report
Mar 21Is It Too Late To Consider Buying Titan Cement International S.A. (ATH:TITC)?
Jan 30Investors Met With Slowing Returns on Capital At Titan Cement International (ATH:TITC)
Jan 06We Think Titan Cement International (ATH:TITC) Is Taking Some Risk With Its Debt
Nov 24Is It Time To Consider Buying Titan Cement International S.A. (ATH:TITC)?
Jul 06Titan Cement International (ATH:TITC) Seems To Use Debt Quite Sensibly
Jun 09Titan Cement International S.A.'s (ATH:TITC) Intrinsic Value Is Potentially 56% Above Its Share Price
Apr 14We Think You Can Look Beyond Titan Cement International's (ATH:TITC) Lackluster Earnings
Mar 30What Is Titan Cement International S.A.'s (ATH:TITC) Share Price Doing?
Mar 20Should You Be Adding Titan Cement International (ATH:TITC) To Your Watchlist Today?
Mar 05Titan Cement International's (ATH:TITC) Shareholders Are Down 39% On Their Shares
Feb 16
How Much Of Titan Cement International S.A. (ATH:TITC) Do Insiders Own?
Feb 02Titan Cement International S.A.'s (ATH:TITC) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Jan 15Titan Cement International (ATH:TITC) Has A Somewhat Strained Balance Sheet
Dec 31Read This Before Selling Titan Cement International S.A. (ATH:TITC) Shares
Dec 16A Look At The Fair Value Of Titan Cement International S.A. (ATH:TITC)
Dec 01Financial Position Analysis
Short Term Liabilities: TITC's short term assets (€1.0B) exceed its short term liabilities (€846.1M).
Long Term Liabilities: TITC's short term assets (€1.0B) exceed its long term liabilities (€782.3M).
Debt to Equity History and Analysis
Debt Level: TITC's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: TITC's debt to equity ratio has reduced from 63.3% to 54.5% over the past 5 years.
Debt Coverage: TITC's debt is well covered by operating cash flow (52.1%).
Interest Coverage: TITC's interest payments on its debt are well covered by EBIT (9.4x coverage).